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UBS Boosts Marvell Price Target to $110
29 Nov, 2025
Summary
- UBS raised Marvell's price target to $110 from $105.
- Upside is expected from optics business and Microsoft ASIC wins.
- New estimates include potential $2.2B revenue in FQ4.

Marvell Technology (NASDAQ:MRVL), a significant player in semiconductor development, particularly for data centers, has seen its stock gain attention. UBS recently upgraded its price target for Marvell to $110 from $105, maintaining a 'Buy' rating. This adjustment reflects an improved outlook for the company's optics business.
The financial firm has increased its revenue projections, anticipating that Marvell's fourth-quarter revenue could climb to $2.2 billion. This growth is largely attributed to increased demand linked to GPU ramps and anticipated wins related to Microsoft's ASIC development, expected to materialize from late 2026 into 2027.



